Published on 19 Feb 2024 on Zacks via Yahoo Finance
CNA Financial Corporation CNA is poised to gain on the back of new businesses, improved non-catastrophe current accident year underwriting results, higher net earned premiums and effective capital deployment.
Optimistic Growth Projections
The Zacks Consensus Estimate for 2024 earnings per share is pegged at $5.16, indicating an increase of 9.5% from the year-ago reported figure, driven by 2.8% higher revenues of $12.11 billion. The expected long-term earnings growth rate is pegged at 5%.